Kibali mine on track to increase production, but DRC policies a concern

The underground operation at Randgold Resources’ Kibali gold mine is on track for commissioning to start in the third quarter of this year, which will significantly increase production. The Democratic Republic of Congo- (DRC-) based mine is forecast to deliver around 610 000 oz of gold this year, up from 585 000 oz in 2016, with production scheduled to rise to around 750 000 oz/y from 2018, when the underground operation is fully operational.